sale a la luz un informe financiero de tidal

A TIDAL financial report comes to light

According to DMN, a publication that has had exclusive access to a financial report on TIDAL, the streaming platform would have increased its revenue from 2018 to 2019 by 19.27 million dollars.

The total revenue for 2019 would reach 166.91 million dollars of which only 1 million would come from sponsors, the rest would come from user subscriptions.

However, due to administrative costs and other expenses, Tidal would have claimed losses of more than $50 million.

This information is very interesting given the lack of transparency that has always been attributed to the Jay-Z platform, which has been investigated by the Norwegian authorities for alleged data fraud.